Suzuki Motor Co. (OTCMKTS:SZKMY) Short Interest Update

Suzuki Motor Co. (OTCMKTS:SZKMY) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 29,200 shares, a growth of 1,116.7% from the October 15th total of 2,400 shares. Based on an average daily trading volume, of 96,400 shares, the short-interest ratio is presently 0.3 days.

Suzuki Motor Trading Down 2.8 %

OTCMKTS SZKMY traded down $1.17 during trading on Thursday, reaching $40.82. 29,878 shares of the stock traded hands, compared to its average volume of 28,059. Suzuki Motor has a fifty-two week low of $34.20 and a fifty-two week high of $50.32. The company has a quick ratio of 1.21, a current ratio of 1.61 and a debt-to-equity ratio of 0.16. The firm has a market cap of $20.05 billion, a price-to-earnings ratio of 12.38 and a beta of 1.14. The stock’s 50-day moving average price is $42.29 and its 200 day moving average price is $44.80.

Analyst Upgrades and Downgrades

Separately, Macquarie raised Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th.

About Suzuki Motor

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.